Raffles are a great way to attract attention and raise funds for your nonprofit organization. They can be an easy addition to a fundraising event and do not require much planning. The key is to create an eye-catching prize that will be appealing to your audience.

 It is also important to set a clear goal and include all associated costs in your plan. It is also helpful to have a plan for how you will select and announce the winner. Lastly, make sure your participants know that their tickets can be used as tax deductions if they are not won.

Nonprofits can run raffles in a variety of ways, including adding them to events and online fundraisers. To reach a larger audience, consider partnering with an online fundraising platform that allows you to sell tickets quickly and securely. These platforms are easy to use and can be customized with images of your prizes and relevant information.

Most nonprofits get gift items donated for their raffles. These can be cash, services such as childcare for an evening or having your windows washed, products like microwaves and VCRs, and travel experiences. It is essential to offer more than one prize, as people are likely to purchase multiple tickets. Ensure that the total value of the prizes equals or exceeds the amount of money collected from ticket sales.

It is a good idea to offer some items that are not typically offered in other raffles, such as travel or high-end sports memorabilia. These types of items are exciting for participants and are more likely to generate interest in your organization. In addition, you can often find discounts on these items through your corporate sponsors.

The number of tickets sold versus the cost of the prize determines how much your nonprofit can profit from the event. To determine the ticket price, divide your fundraising goal by the estimated cost of the prize. This will give you the ticket price that is appropriate for your fundraiser.

When selling raffle tickets, it is a good idea to include a QR code on your flyers so that attendees can easily access your online sales page. This will increase ticket sales and allow you to follow up with your supporters after the event. By connecting with them, you can convert a one-time donor into a recurring supporter. It is also a good idea to ask attendees and those who buy tickets to share the link with their friends. This can help boost ticket sales and increase the chances of winning.